The exposure draft, titled Establishing Opening Balances for General PP&E, addresses the Department of Defense’s request for alternative methods in establishing opening balances for general PP&E. In addition to opening balances, the exposure draft identifies a potential review of existing land accounting standards. If land accounting is reviewed, it might lead to changes for agencies other than the Department of Defense. Your comments on the current land accounting standards are solicited in the exposure draft. Comments are requested by February 4, 2016.

The exposure draft, titled Insurance Programs, seeks to establish three categories of life insurance: exchange transaction insurance programs other than life insurance, nonexchange transaction insurance programs, and life insurance programs. Comments are requested by March 29, 2016.